Recall: Honda recalls 1 million cars worldwide image

Honda said Monday that it will recall 1 million cars globally to fix an electrical problem and a software glitch.

Honda said no serious injuries nor fatal accidents have been reported due to the problems, and the repair bill will be limited to about $17 million in Japan.

The cars that are going to be recalled in the highest number are its low end sedan Honda City. In most of the cars the problem for which recall is under way concerns power windows. Reports suggest that there is a heightened fear of short circuit and resulting fire.

Honda (HMC) is also recalling cars from its CR-Z compact hybrid line that are equipped with a manual transmission. A software bug could allow the motor, under some conditions, to rotate in the opposite direction from the transmission’s gear — allowing the car to, for example, roll backwards when the transmission is in forward gear.

The automaker says it will begin letting its affected customers know about the recalls later this month
This is the second major recall for Honda in recent weeks, and a further setback for the Japanese carmaker as it struggles to recover from a run of bad news and sluggish sales.

Honda said the latest recalls will cost the company about $17 million in Japan. Honda is the third-largest car manufacturer by volume in Japan.